4. CREDIT RISK (CONTINUED) 4.9 Credit Risk Mitigation (CRM) (continued) (i) Group The Group manages its credit risk concentrations by diversifying its portfolios through several measures. The Group monitors credit risk limits via, among others, sector limits, program limits, deviation limits and Single Counterparty Exposure Limits (SCEL). The following tables disclose the extent to which exposures are covered by eligible credit risk mitigants. Disclosure of Credit Risk Mitigation (CRM): 31 December 2023 Exposure Class Exposures Before CRM RM’000 Exposures Covered by Guarantees RM’000 Exposures Covered by Eligible Financial and Non-Financial Collateral RM’000 On-Balance Sheet Exposures Sovereign/Central Banks 10,662,724 – – Public Sector Entities 1,286,319 – 138,271 Banks, DFIs and MDBs 844,978 – – Corporates 20,599,807 2,211,261 1,210,643 Regulatory Retail 26,648,442 374,887 405,553 Residential Mortgages 24,350,408 185 74,062 Higher Risk Assets – – – Other Assets 3,491,891 – – Defaulted Exposures 2,494,124 125,472 245,546 Total for On-Balance Sheet Exposures 90,378,693 2,711,805 2,074,075 Off-Balance Sheet Exposures Credit-related Exposures 1,479,473 2,261 27,291 Derivative Financial Instruments 177,278 – – Defaulted Exposures 264,260 – 418 Total for Off-Balance Sheet Exposures 1,921,011 2,261 27,708 Total On and Off-Balance Sheet Exposures 92,299,705 2,714,066 2,101,784 449 www.bankislam.com 1 2 3 4 5 6 7 8 9 FINANCIAL STATEMENTS
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